Peter Rice, the Chairman of Disney General Entertainment Content for The Walt Disney Company, has recently attracted much attention.

He was abruptly fired following a minor reorganization.

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Peter Rice salary per year at Disney

Rice, the chairman of Disney General Entertainment Content, a division of the company that produces more than 300 shows per year for platforms such as ABC, Disney Channel, and others, was fired by Disney CEO Bob Chapek in a brief meeting on Wednesday, according to credible sources (June 8).

The 56-year-old, who previously oversaw ABC News, recently renewed his contract with Disney in August. It was supposed to last until 2024, but he will be compensated by the company.

He earned a whopping annual salary of over $2million dollars on average while working with Disney.

Peter Rice net worth: How much is Peter Rice worth?

From hearsays, he is worth over $40 million dollars.

Is Peter Rice rich?

Being rich is an understatement, Peter is a wealthy man who has numerous sources of income which is pretty obvious from the kind of luxurious cars and estates he owns.

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